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Sienna Gestion Cuts Stock Holdings in AvalonBay Communities, Inc. $AVB
Sienna Gestion reduced its stake in AvalonBay Communities by 12.8% in the third quarter of 2025, now owning 45,646 shares worth $8.04 million. Despite this, institutional ownership remains high at 92.61%, with other funds increasing their positions. AvalonBay also increased its quarterly dividend to $1.78 per share, representing an annualized dividend of $7.12 and a yield of 4.0%.